In what time will ₹ 10000 amount to ₹ 12000, if simple interest reckoned at 8% per annum
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Answered by
2
Answer:
Principle(P)=Rs.10000.
Amount(A)=Rs.12000.
Simple Interest (S.I.)=A-P
=Rs.(12000-10000)
=Rs.2000
Rate (R)=8%.
Time (T)=??
T=(I*100)/(P*R.)
T=(2000*100)/(10000*8)
T=5/2 years.
T=2 years 6 months.
Step-by-step explanation:
HOPE THIS WILL HELP YOU:)
Answered by
0
Step-by-step explanation:
12000-10000=2000
2000 = (10000×t×8)÷100
2000=800t
20=8t
10=4t
5=2t
t=2.5
time = 30months
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